IRS Tax Deadline Nears with Extension Details

As the April 15 deadline for filing federal income tax returns arrives, millions of U.S. taxpayers face the final opportunity to submit their forms to the Internal Revenue Service without incurring late-filing penalties, though those unable to complete their returns on time can request an automatic six-month extension.

The IRS emphasizes that the extension, which pushes the filing deadline to October 15, applies only to submitting the return and not to paying any taxes owed. Taxpayers must estimate and pay their full tax liability by April 15 to avoid interest and penalties on unpaid amounts. For those seeking the extension, options include submitting Form 4868 electronically through IRS-approved e-file providers or the agency's Free File program, or by mail postmarked no later than April 15. Electronic payments accompanied by a selection for an extension also qualify without needing the form. The process requires basic information such as name, address, Social Security number, and an estimate of taxes due or refunds expected.

Special provisions extend relief to certain groups. U.S. citizens and resident aliens living abroad, including Puerto Rico, receive an automatic two-month...